Precious metals records as ETF buys ‘noticeable by absence’

Gold hit its second new record high on the trot at the London Gold Fix on Thursday morning, hitting $1441.25 per ounce for US investors as the dollar held flat on the forex market, and US crude oil rose.
New York’s stock markets opened the day 0.5% higher. Silver bullion jumped to fresh 31-year highs above $37.85 per ounce. The ratio of gold to silver prices “is now convincingly through the 1998 weekly low” notes the London dealing team at Japanese conglomerate Mitsui……………………………………….Full Article: Source